Things You Should Know when Signing an Acting Contract
There are actors who use acting as a mere expression of their love for the craft. These are the ones who have more stable jobs to turn to for income and daily expenses. However, there are actors and actresses who treat acting as their full time jobs, relying on their paycheck for their daily expenses such as food, clothing, and other necessities. If this is the case, acting contracts are necessary for the artist to make sure that he or she is given the right amount for her talent and skills.
The most important thing to know about contracts in general is that, contracts are binding agreements between two or more parties. It being binding means that anything done that goes against the conditions stipulated in the contract may be a cause for a law suit, and the contract may be used as valid evidence. Therefore, before sealing any contract with your signature, always make sure to read every detail in the contract and have it adjusted if there are stipulations that are not of your liking.
Affixing your signature at the end of the contract would mean that you agree to the terms and conditions stated in it, and you would have to adhere to it for as long as the contract is valid between the parties.
If you are being represented by an agency, it is the agency’s job to negotiate with the producers in your behalf regarding the terms of your acting contract as well as the fee that you will be receiving. Hence, it is important that you get a reputable agency, one that would aid you in jumpstarting your acting career and not one that would be responsible for putting you down. In the same way, should there be any misunderstandings or disputes, it is the duty of the agency to settle the issue and talk to the parties involved in your behalf if the need arises. In most cases, agencies are entitled to 10% of whatever it is that the talent earns, as payment for the company’s services. Of course, in return, the contract should also contain the duties and responsibilities that are expected of every actor or actress such as professionalism and commitment to work.
As mentioned earlier, a contract may be used for or against you in any court of law. Therefore, any clarifications or queries should be addressed early on in the meetings or negotiations. You do not want to find yourself forced into the agreement while holding back your concerns. Surely, with enough discussions, both parties may be able to find a compromise. Most acting contracts are good for at least 2-5 years; keep that in mind when signing. You do not want to put your acting career on the line because you did not completely agree with the terms of your contract early on.